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Caissa reports H1 operating revenue of RMB 3.405 billion, up 30.84%
Caissa reported 30.84% growth in operating revenue to ¥3.405 billion while catering services revenue grew 26.19% to ¥476 million, and its tourism business revenue was ¥2.92 billion, up 31.74%.
China to re-launch world's fastest bullet train, part of $360 billion plan
China will soon operate the world’s fastest train, knocking an hour off the 1,318km Beijing-Shanghai journey. Train travelers who booked through Tuniu rose 113% in the first seven months of 2017.
How US airlines boost upselling revenue by economy segments
Delta Air Lines said Branded Fares – its collective term for its economy segments — drove 40% of the improvement in passenger revenues in the quarter.
Travelport's Beyond Air revenue increases 8% in Q2 2017
Travelport reported its net revenue increased 1% to $612 million in the second quarter of 2017, with eNett revenue up 16% to $44 million driven by increased share in Asia Pacific.
FFPs dominate most airlines’ ancillary revenue streams
Research shows constant growth of ancillary revenues for airlines. The leader is United Airlines and Delta, with a total of $6.2 billion and$5.2 billion, and the percentages attributed to FFP are 48% and 52%.
Travel apps need a data-centric approach to marketing
A data-centric approach is promoted to mobile app marketing, it utilizes meaningful in-app events across the user lifecycle by properly leveraging and analyzing deep data points to drive retention, engagement and revenue.
Growth of mobile presents challenge & opportunity for hotels
As mobile usage becomes increasingly ubiquitous for guests, it remains to be seen whether this can improve the guest experience for hotels or divert their guests to OTA booking.
American Airlines in talks to buy China Southern stake
American Airlines Group, the world’s largest carrier, is in advanced talks to acquire a stake in China Southern Airlines through a USD 200 million investment, reported Bloomberg.
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